Boston Metal

Today, Boston Metal announced a $51 million convertible note investment from existing investors including BHP Ventures, Breakthrough Energy Ventures, Piva Capital and SiteGround. Underscoring sustained investor confidence in Boston Metal’s #team, #technology and #business strategy, funds from the note will support the critical metals plant in #Brazil and reinforce the company’s continued development of its green steel solution. Learn more in this recent Axios article: https://lnkd.in/gCp6yK2U Read the full press release: https://lnkd.in/g-K_SK92

Meet Renata Rocha, an Internal Sustainability Specialist who enjoys spending time outside to jog, bike, hike or learn how to sail or windsurf. “Everyone I’ve met at Boston Metal is genuinely committed to contributing to the well-being of both people and the planet. As the Internal #Sustainability Specialist, I don’t have to convince others of the importance of embedding socially and environmentally responsible practices—we’re already aligned.” See how the Boston Metal #team is cutting 10% of the world’s carbon emissions with our green #steel solution: https://lnkd.in/eaD5GtES

We are thrilled to welcome Adam Rauwerdink, Senior Vice President of Business Development at Boston Metal. Adam will discuss how technological innovation and strategic investment can open new opportunities to scale green steel production. By harnessing the power of electrochemistry, Boston Metal can utilize iron ore of all grades, not just the high-grade material typically required for EAF production. To know more about his session you can register at https://hubs.ly/Q03BgSGt0 #SIIS25 #SaudiSteel #IronAndSteelConference #Vision2030 #SaudiIndustry #SaudiArabia #Riyadh #SteelIndustry #IronAndSteel #Steelmaking #Metals #Manufacturing #Construction #GreenSteel #Decarbonisation #Decarbonization #CircularEconomy #SustainableGrowth #FutureOfSteel #IndustrialTransformation #GlobalTrade #IndustrialPartnerships #Innovation #Investment #Networking

Get to know the Boston Metal values: #Sustainability Sustainability is at the core of our operations. With an enduring business model, we deliver value, protect the environment and make a positive impact on the world. At Boston Metal, we share a common mission: to decarbonize steelmaking and advance efficient, sustainable metals production. Two billion tons of #steel are produced every year, emitting around 3.2 billion tons of CO2 – 10% of all CO2 emissions worldwide. Molten Oxide Electrolysis (MOE) is the only steel decarbonization #technology that eliminates carbon emissions at the root—using electricity instead of carbon to separate iron from ore. As we scale this technology and bring it to market, we remain committed to minimizing our #climate impact and preserving the environment. See the full list of Boston Metal values: https://lnkd.in/gF5RAng8

There is a wealth of technical expertise driving #innovation at Boston Metal. Senior Refractory Engineer Xin Zhang brings a wide range of experience in refractory development to the table and is now advancing the field to scale and improve the efficiency of our Molten Oxide Electrolysis (MOE) technology. “When I came to Boston Metal and began working on this cutting-edge #technology, I realized there is no end to what you can learn.” Learn more about Xin’s experience in traditional steelmaking and how she’s applying her refractory #engineering expertise to our MOE green #steel solution: https://lnkd.in/guhu6tsh

Three of the most respected voices in global #metals are united in driving our mission forward. Boston Metal CEO Tadeu Carneiro and Boston Metal do Brasil President Itamar Resende were joined by Eduardo Bartolomeo, recent addition to the Boston Metal Board of Directors and former CEO of #Vale, for a tour of our Molten Oxide Electrolysis (MOE) facility for critical metals production in #Brazil. Learn more: https://lnkd.in/gqDc-biY

Boston Metal is an Industrial Partner at Decarb Connect Tech #Invest North America, where capital meets commercial-ready climate tech. SVP of Business Development Adam Rauwerdink will speak on a panel about charting the scale-up journey, and conference attendees have the option of booking a Boston Metal site visit to our Woburn, MA headquarters, where you can see our green #steel #technology in action. Join us in Boston on September 9-10 along with 180+ investors, strategists and disruptors to discuss one of the toughest challenges in climate: derisking and scaling industrial tech. Book now and use code BM-25 to save 25%: https://lnkd.in/gkZuZRjp

Our #team has a lot of fun together, especially at trivia night. After a tight competition between nine teams and a tiebreaker that needed a second tiebreaker, reigning champions “The Slagheads” successfully defended their trophy. Get an overview of Boston Metal trivia with our fact sheet: https://lnkd.in/epdhccZp

This week, Karl White visited Boston Metal do Brasil to see the rapid progress of our critical metals production plant. He represents Breakthrough Energy Ventures, a fund started by Bill Gates that first invested in Boston Metal in 2019. The global #investor syndicate backing our work to scale up Molten Oxide Electrolysis (MOE) demonstrates robust confidence in our ability to transform #steel and #metals production for a sustainable future. Get an overview of MOE Critical Metals, our solution for the global paradox of waste-rich landfills and metal-scarce supply chains: https://lnkd.in/gtsVb7VZ

Get to know the Boston Metal values: #Innovation Innovation drives everything we do. Our resilient #team pioneers progress by embracing challenges and leading with excellence. At Boston Metal, innovation is a daily occurrence. From pushing the boundaries of #electrochemistry and redefining what’s possible for #steel production to taking our corporate activities to the next level, you can always find someone approaching problems in a way that’s never been done before. See the full list of Boston Metal values: https://lnkd.in/gF5RAng8